Virginia · Census, HUD and BEA figures · Updated

Cost of Living in Charlotte County, VA

Prices around Charlotte County, VA run 1.1% above the U.S. average (BEA, Virginia). The typical household there earns $58,000 a year, and HUD puts a two-bedroom at $914 a month. Keeping that rent under 30% of income takes about $36,560 a year.

Charlotte County, VA at a glance

Median household income

$58,000$4,833 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$914HUD FY2026 Fair Market Rent
Price level (U.S. = 100)101.1+1.1% · BEA, Virginia
Electricity17.2¢per kWh · EIA Residential VA
Population11,422Census ACS 5-year estimate

How much rent can you afford in Charlotte County, VA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$914Monthly market rent
Share of gross income18.9%Recommended max: 30%
Annual income needed$36,560To meet the 30% standard
Max affordable rent$1,450At 30% of $58,000
0%30% (Affordability standard)100%
Compare against:

How much is rent in Charlotte County, VA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Charlotte County, VA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Charlotte County, VA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$692$8,304$27,68014.3%
1-Bedroom Apartment$697$8,364$27,88014.4%
2-Bedroom ApartmentBenchmark$914$10,968$36,56018.9%
3-Bedroom Home$1,146$13,752$45,84023.7%
4-Bedroom Home$1,533$18,396$61,32031.7%

Rent in Charlotte County, VA, with the wage each unit needs →

What a typical income covers in Charlotte County, VA

The 50/30/20 rule applied to the local median of $58,000 a year ($4,833 a month before tax).

Needs (50%)$2,417/moRent ($914 2-BR), utilities (~$155/mo), groceries, transit
Wants (30%)$1,450/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$967/moEmergency fund, retirement, paying down loans

What $58,000 leaves after Virginia taxes

Federal income tax, Social Security, Medicare and Virginia tax on the local median income. Change the salary to see yours.

$58,000
$20,000$120,000
Filing status:
Gross salary breakdown$58,000
Net 80%
Fed 8%
VA 4%
FICA 8%
Annual take-home$46,262After all taxes
Monthly deposit$3,855Estimated per month
Biweekly paycheck$1,779Every 2 weeks (26/yr)
Effective tax rate20.2%Total tax burden
Federal income tax$4,780 / yr
Virginia state income tax$2,521 / yr
FICA (Social Security & Medicare)$4,437 / yr

Living in Charlotte County, VA: common questions

What is the median household income in Charlotte County, VA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Charlotte County, VA is $58,000 per year (approximately $4,833 per month).

What is the average rent in Charlotte County, VA?

The closest official figure is HUD's Fair Market Rent for 2026: $692 for a studio, $697 for one bedroom, $914 for two, $1,146 for three and $1,533 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Charlotte County, VA expensive to live in?

Prices there run 1.1% above the U.S. average. BEA's regional price parity for Virginia is 101.1, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Charlotte County, VA?

To keep a $914 two-bedroom under 30% of gross income, a household needs about $36,560 a year, or $3,047 a month. That is 63% of what the typical household in Charlotte County, VA earns.

How much do you need to live comfortably in Charlotte County, VA?

On the local median income of $58,000 ($4,833 a month before tax), the 50/30/20 rule leaves $2,417 a month for needs like rent, utilities and groceries, $1,450 for everything else and $967 for savings or debt. A two-bedroom at $914 takes 38% of the needs share.

How much is the electric bill in Charlotte County, VA?

Homes in Virginia paid 17.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $155. Your bill depends mostly on heating and cooling.